財產保險合同格式(涉外英文)

財產保險合同格式(涉外英文)財產保險合同格式(涉外英文)

propertyinsuranceclauses

wholedoc.

i.thepropertyinsured

thepropertyinsuredshallrefertoallpropertiesandexpensesspe-cifiedinthescheduleofthispolicy.

unlessspecificallyagreeduponinwritingbetweentheinsuredandthepanyandappraisedandvalue-establishedbyprofessionalsorassessors,thefollowingarticlesandtheexpensesrelevanttheretoshallnotbecoveredunderthispolicy:

1.gold,silver,pearls,diamonds,preciousstonesandjades;

2.antiques,articlesofvirtue,ancientcoins,ancientbooksandancientpaintings;

3.worksofartorpostagestamps;

4.advertisements,aerials,neon,piecesofsolarenergyapparatusetc.onbuildings;

5.putersystemrecordsoritsmakingandcopyingcosts.

undernocircumstancesshallthefollowingarticlesrelevanttheretobecoveredhereunder:

1.guns,ammunitionorexplosives;

2.banknotes,securities,bills,documents,files,accountbooksordrawings;

3.animals,plantsandagriculturalcrops;

4.mobilephones,portableputers,removablephotographapparatusorotherpreciousarticles;

5.vehicleslicensedforgeneraltransportuse.

ii.scopeofcover

thepanyshallindemnifytheinsuredinrespectofthephysicallossofordamagetotheinsuredpropertystatedinthescheduleduringtheperiodofinsurancedirectlyarisingfromthefollowingperils:

1.fire;

2.explosion;

butnotincludingexplosionofaboilerorotherpressurereliefdevices;

3.lightning;

4.hurricane,typhoonandtornado;

5.storm,tempestandflood;

butnotincludinglossordamagecausedbychangeinnormalwaterlevelorinundationfromseawaterorwaterescapeorleakagefromthenormalconfinesofanynaturalwatercourse,lakeorreservoir,canalordamaswellaslossofordamagetotheinsuredpropertycausedbystorm,tempestorfloodwhilebeingstoredintheopenorcoveredbyorunderashedthatchedwithreeds,tarpaulins,straw,asphaltfelt,plasticornylonsheet;

6.hailstorm;

7.landslide,rockslide,avalanche;

8.volcanicexplosion;

9.subsidenceofground;

butnotincludinglossordamageresultingfrompiledriving,groundworkorexcavation;

10.crashingaircraftandpartsorarticlesfallingfromaircraftandotherflyingobjects;

11.burstingofwatertankorpipe;

butnotincludingburstingofwatertankorpipeduetorust.

iii.exclusions

thispanyshallnotbeliablefor:

1.lossofordamagetotheinsuredpropertyorexpensescausedbyintentionalactorgrossnegligenceoftheinsuredorhisrepresentative;

2.lossofordamagetotheinsuredpropertycausedandexpensesincurredbyearthquakeortsunami;

3.depreciation,lossofmarket,lossofuseandotherconse

財產保險合同格式(涉外英文)

quentiallossesofanydescription;

4.lossofordamagetotheinsuredpropertyorexpensesincurredarisingfromwar,warlikeoperation,hostilities,armedconflicts,terrorism,conspiracyinsurrection,coupd'etat,strike,riot,andcivilmotion;

5.confiscation,requisition,destructionordamagebyanyactionororderofanygovernmentdejureordefactoorbyanypublicauthorities;

6.lossofordamagetoinsuredpropertydirectlyorindirectlycausedorexpensesincurredbynuclearfission,nuclearfusion,nuclearweapon,nuclearmaterial,nuclearradiationandradioactivecontamination;

7.lossordamagecausedandexpensesincurredbypollutionofanykindordescriptionwhatsoeversuchasatmosphere,landandwaterpollutionsbutthisdoesnotincludelossordamagecausedbypollutionarisingfromperilsspecifiedinarticleiithepolicy;

8.thedeductiblesstatedinthescheduletobebornebytheinsured;

9.lossordamagearisingfromanyotherperilsnotlistedinarticleiiofthispolicy.

iv.treatmentofclaim

1.thepanyshallatitsoption,indemnifytheinsuredinrespectoflossordamagefallingwithinthescopeofcoverofthepolicybyeither:

1.1payingtheamountoftheactualvalueofthepropertylostordamagedor;

1.2payingthenecessarycostofrepairingorrestoringthedamagedpropertytoitsnearestconditionimmediatelyprecedingthedamageor;

1.3repairingorrestoringthedamagedpropertytoaconditionneartootherpropertyoflikekindandquality.

2.indemnityunderthispolicyshallbebaseduponthesoundmarketvalueofthepropertyprevailingatthetimeofloss.ifthesoundmarketvalueofthedamagedpropertyislowerthanthesuminsuredofsuchproperty,theclaimshallbesettledonitsmarketvalue;ifthesoundmarketvalueofthepropertyisinexcessofthesuminsured,thepanyshallonlybeliableforsuchproportionoftheclaimasthesuminsuredofthedamagedpropertybearstoitssoundmarketvalue.iftheinsuredpropertyenumeratedinthescheduleismorethanoneitem,theprovisionofthisclauseshallapplytoeachthereof.

3.ifaclaimforlossofordamagetotheinsureditemissettledonatotallossbasis,thesalvagevalueofsuchitemshallbedeductedfromtheindemnitypayablebythepany.thepanymay,atitsoption,declinetheabandonmentofanydamagedpropertybytheinsured.

4.intheeventoflossofordamagetoanyequipmentiteminsuredformingpartofapairorset,thepanyshallnotbeliableinrespectofeachofsuchitemlostordamagedformorethanitsproportionatepartofthesuminsuredonthepletepairorset.

5.intheeventofanylossoccurrence,thepanyshallalsopaytheinsuredfortheexpensesreasonablyincurredfortakingnecessarymeasurestominimizelossor

財產保險合同格式(涉外英文)

damagetotheleastextent,butinnocaseshallsuchexpensesreferredheretoexceedthesuminsuredoftheinsuredproperty.

6.uponsettlementofaclaim,anendorsementshallbeissuedbythepanytoreducethesuminsuredcorrespondingtothepropertylostordamagedbytheamountsosettledfromthedateofloss,andnopremiumshallberefundedfortheamountsoreduced.ifreinstatementofthesuminsuredisrequiredbytheinsureduponsettlementoftheclaim,anadditionalpremiumforthereinstatedamountshallbechargedatanagreedrate,andbecalculatedonproratadailybasisfromthedateoflosstotheexpiryoftheinsurance.

7.thetimeofvalidityofaclaimunderthisinsuranceshallnotexceedaperiodoftwoyearcountingfromthedateofloss.

v.insured'sobligations

thefollowingobligationsshallbestrictlyfulfilledbytheinsuredandhisrepresentative:

1.theinsuredandhisrepresentative,whenapplyingforinsuranceshallmaketrueanswersordescriptionstothequestionsintheproposalandquestionnaireortoanyotherquestionsraisedbythepany.

2.theinsuredandhisrepresentativeshallpaytothepanyinduecoursetheagreedpremiuminthemannerasprovidedinthescheduleandendorsements.

3.duringtheperiodofthisinsurance,theinsuredshallathisownexpensetakeallreasonableprecautions,includingpayingsufficientattentiontoandputtingintopracticethereasonableremendationsofthepany,prudentlyselectingtheworkmenandemployeesandplyingwithallstatutoryregulationsandsafetyoperationprocedures.

4.intheeventofanyoccurrencewhichgivesormightgiverisetoaclaimunderthispolicy,theinsuredorhisrepresentativeshall:

4.1notifythepanyimmediatelyandwithinseven(7)daysoranyfurtherperiodasmaybeagreedbythepanyinwriting,furnishawrittenreporttoindicatethecourse,probablereasonandextentoflossordamage

4.2takeallnecessarymeasurestoavoidaggravationofthelossordamageandminimizeittotheleastextent;

4.3preservethespotaffectedanddefectivepartsbeforeaninspectioniscarriedoutbyarepresentativeorsurveyorfromthepany;

4.4furnishallsuchinformationanddocumentaryevidenceasthepanymayrequireforsupportingtheclaim.

vi.generalconditions

1.policyeffect

thedueobservanceandfulfilmentofthetermsandconditionsofthispolicyinsofarastheyrelatetoanythingtobedoneorpliedwithbytheinsuredshallbeaconditionprecedenttoanyliabilityofthepanyunderthispolicy.

2.policyvoidance

thispolicyshallbevoidableintheeventofmisrepresentation,msdescriptionornon-disclosuremadebytheinsuredorhisrepresentativeinanymaterialparticularinrespect

財產保險合同格式(涉外英文)

ofthisinsurance.

3.policytermination

unlessitscontinuancebeadmittedbythepanyinwriting,thispolicyshallbeautomaticallyterminatedif:

3.1theinsurableinterestoftheinsuredislost;

3.2theriskoflossordamageisincreased.

afterterminationofthepolicy,thepremiumshallberefundedtotheinsuredcalculatedonproratadailybasisfortheperiodfromthedateofterminationtothedateofexpiry.

4.policycancellation

thispolicymaybecanceledatanytimeattherequestoftheinsuredinwritingorattheoptionofthepanybygivingafifteen(15)heformercasethepanyshallretainapremiumcalculatedonshorttermratebasisforthetimethepolicyhasbeeninforcewhileinthelattercasesuchpremiumshallbecalculatedonproratadailybasis.

5.forfeitofbenefit

iftheclaimisinanyrespectfraudulent,orifanyfraudulentmeansordevicesareusedbytheinsuredorhisrepresentativetoobtainanybenefitunderthispolicyorifanylossordamageisoccasionedbytheintentionalactorintheconnivanceoftheinsuredorhisrepresentative,theninanyofthesecases,alltherightsandbenefitsoftheinsuredunderthispolicyshallbeforfeited,andallconsequentlossesarisingtherefromincludingtheamountofclaimpaidbythepanyshallbeindemnifiedbytheinsured.

6.reasonableinspection

therepresentativeofthepanyshallatanysuitabletimebeentitledtoattendthesiteandinspectorexaminetheriskexplosureofthepropertyinsured.forthispurpose,theinsuredshallprovidefullassistanceandalldetailsandinformationrequiredbythepanyasmaybenecessaryfortheassessmentoftherisk.theabovementionedinspectionorexaminationshallinnocircumstancesbeheldasanyadmissiontotheinsuredbythepany.

7.doubleinsurance

shouldanyloss,damage,expensesorliabilityrecoverableunderthepolicybealsocoveredbyanyotherinsurance,thepanyshallonlybeliabletopayorcontributehisproportionoftheclaimirrespectiveastowhethertheotherinsuranceisarrangedbytheinsuredorothersonhisbehalf,orwhetheranyindemnificationisobtainableundersuchotherinsurance.

8.subrogation

whereathirdpartyshallbeheldresponsibleforthelossordamagecoveredunderthispolicy,theinsuredshall,whetherbeingindemnifiedbythepanyornot,takeallnecessarymeasurestoenforceorreservetherightofrecoveryagainstsuchthirdparty,anduponbeingindemnifiedbythepany,subrogatetothepanyalltherightofrecovery,transferallnecessarydocumentstoandassistthepanyinpursuingrecoveryfromtheresponsibleparty.

9.dispute

alldisputesunderthisinsurancearisingbetweentheinsuredandthepanyshallbesettl

財產保險合同格式(涉外英文)

edthroughfriendlynegotiations.wherethetwopartiesfailtoreachanagreementafternegotiations,suchdisputeshallbesubmittedtoarbitrationortocourtforlegalactions.unlessotherwiseagreed,sucharbitrationorlegalactionshallbecarriedoutintheplacewherethedefendantisdomiciled.

vii.specialprovisions

thefollowingprovisionsshallbeappliedtoallpartsofthispolicyandshalloverridetheothertermsandconditionsofthispolicyifanyconflictarises.

propertyinsurancepolicy

policyno.:

whereastheinsurednamedinthescheduleheretohasmadetothe______insurancepany(hereinaftercalled""thepany"")awrittenproposalwhichtogetherwithanyotherstatementsmadebytheinsuredforthepurposeofthispolicyisdeemedtobeincorporatedhereinandhaspaidtothepanythepremiumstatedintheschedule.

nowthispolicyofinsurancewitnessesthatsubjecttotheterms